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Arsenio is 57 years old. He is married and has three children. With his family's support and encouragement, he has been managing his farming business well. He plants and harvests rice for future selling to the traders in the village. He has been cultivating his one-hectare rice field for 15 years. Arsenio is not yet an expert in this kind of work and needs to improve his farming practices. He is now asking for a loan of PHP 25,000 to buy pesticides and insecticides used in farming. According to him, rice farming depends upon the climate and on how to manage the rice field well.

In the future, Arsenio aims to provide a better living for his family.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $1175
    Average annual income
  • 305
    View loans »
    Philippines Loans Fundraising
  • $52,217,850
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Arsenio to buy pesticides and insecticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 16, 2012
Dec 7, 2012
Currency Exchange Loss:
Mar 15, 2013